The world richest’s person Elon Musk and Chief Executive officer of Tesla Inc, said on Twitter that he’d pay more than $11 billion( Rs 85,000 crore) in taxes this year, an amount that could constitute a record payment the US Internal Revenue Service.

The billionaire may face a tax bill of more than $10 billion for 2021 if he exercises all his options due to expire next year, calculations last week by media reported.

The world richest’s person Elon Musk and Chief Executive officer of Tesla Inc, said on Twitter that he’d pay more than $11 billion( Rs 85,000 crore) in taxes this year, an amount that could constitute a record payment the US Internal Revenue Service.

• The 5 index signals smart traders watch before placing a single order
• Kwality Pharma Hits 52-Week High After Record FY26 Revenue
• Jay Bharat Maruti Hits 20% Upper Circuit on 287% Profit Surge
• ZEEL Falls 6% After Q4 Swings to Net Loss on Ad Revenue Miss
• Overnight Stock Market Movements: Key Developments 

The billionaire may face a tax bill of more than $10 billion for 2021 if he exercises all his options due to expire next year, calculations last week by media reported.